A Family Survivors (complex) Trust receives monthly annuity payments from an insurance company and that company withholds federal and state income tax. The exact amounts withheld show up on my Trust 1041 federal and 141 state as refunds. Does the Trust receive the refunds or should they flow through to the beneficiary with all the other Trust income?
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" Does the Trust receive the refunds or should they flow through to the beneficiary with all the other Trust income?"
" Does the Trust receive the refunds or should they flow through to the beneficiary with all the other Trust income?"
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